Amitabh Mathur, 57, has assumed charge as Director (Industrial Systems & Products) of the Maharatna Public Sector engineering and manufacturing enterprise, on his appointment as a Director on the Board of Bharat Heavy Electricals Limited. Prior to this, he was heading the company’s Power Sector Eastern Region (PSER), Kolkata as an Executive Director. A Mechanical engineer from Delhi College of Engineering and a MBA from Faculty of Management Studies Delhi, Mathur has more than 34 years of rich professional experience in handling diverse functions in BHEL like marketing, business development, corporate affairs, project management & execution.
RINL MARKS BETTER PRODUCTION
RINL continues to improve its production performance during August this year. Sales volume has gone up to 3.06 lakh tonnes, up by 50 percent over sales of the previous month and exports of INR 176 crores in August represents a growth of 46 percent over the corresponding period last year. Correspondingly, the cumulative sales volume of 12.42 lakh tonnes has recorded a growth of 27 percent. P Madhusudan, CMD RINL, observed that steel consumption is likely to grow with the government’s announcement of ‘Smart City Mission,’ with 100 Smart Cities and other initiatives which are expected to revive the investment cycle and growth.
MMTC AWARDED GOLD TROPHY
MMTC Limited has been awarded the Top Exporter’s Gold Trophy (Merchant Enterprise) for the year 2013-14 by the Engineering Export Promotion Council (EEPC) of India at the 46th National EEPC Awards for Export Excellencence. Ved Prakash, CMD MMTC, received the Certificate of Excellence and the trophy from Smt. Nirmala Sitaraman, Union Minister of State for Commerce & Industry at Vigyan Bhawan in New Delhi.
NTPC TO MINE COAL AT FOUR CAPTIVE BLOCKS
State-owned power generator NTPC will begin production in at least four new captive coal mines in the next three years, the company said. While it is targeting mining in the Pakri-Barwadih coal mine this year, three more captive mines would begin producing within the next three years, according to NTPC CMD AK Jha. Nine captive coal blocks were reallocated to the company after more than 200 captive blocks were cancelled by the Supreme Court in September last year. Jha said that while the company is currently building 23,000 MW thermal capacity, another 9,500 MW is at the bidding stage. The present installed capacity of the company is 45,548 MW.